Bearing Up in a Bear Market: You Still Need to Open Your Account Statements

Tuesday, October 21, 2008

Especially in a down market, investors may be tempted to try and avoid the trauma of seeing the reduced value of their holdings by not opening their statements for their brokerage, mutual fund, or 401(k) or other retirement plan accounts. No one can protect your accounts like you can, and so you need to open your statements and see what is going on in your account.

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